OCIC Group and French Partners Unveil Plans for Cutting-Edge Coding School in Koh Pich

In a landmark collaboration, OCIC Group, a prominent Cambodian real estate developer, has joined forces with French company Platform Impact to establish a world-class coding school in Koh Pich, Cambodia. The Memorandum of Understanding (MOU) was signed during the Cambodia Delegation visit to France, in the presence of Prime Minister Hun Manet, at Medef, as reported by CIR news on 30 January 2023. ...

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ADB Affirms Support for Second Doppler Radar Station at Takhmao New Airport

The Asian Development Bank (ADB) has reiterated its commitment to finance the installation of the second Techo Sen Doppler Radar station. The designated location for this advanced meteorological infrastructure is Techo Takhmao International Airport in Kandal Stung district, Kandal province. This affirmation was revealed in a recent meeting between HE Tho Chetha, Minister of Water Resources and Met...

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Tbong Khmum Governor Courts Malaysian Giant for High-Stakes Renewable Energy Venture

HE Cheam Chansophorn, Governor of Tbong Khmum Province, spearheaded discussions with prominent Malaysian renewable energy powerhouse, Sunview Group Berhad, represented by its subsidiary Fabulous Sunview Sdn on 15 January 2024. The agenda focused on enticing the Malaysian giant to channel investments into transformative projects centred around renewable energy and poverty reduction within Tbong Khm...

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CamGSM Secures US$70m for Telecom Upgrading for 5G Internet Backed by GuarantCo Guarantee

In a landmark move, Cambodian telecommunications leader CamGSM, popularly known as Cellcard, has successfully raised US$70 million through a bond issue, fortified by a GuarantCo Guarantee, signalling a significant stride in the augmentation of its telecom infrastructure, according to Realassets.ipe.com on 24 January 2024. The substantial capital infusion from the bond and accompanying loan is e...

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The road connection from Koh Tonsay Port to Angkol Beach Reaches 95% Completion

In a testament to progress and connectivity, the road connection between the Koh Tonsay port to Angkol Beach in Kep province has achieved an impressive 95% completion as of January 2024. The visionary project, initiated by HE Som Piseth, Governor of Kep Province, in collaboration with CCT, commenced on 17 January 2023. HE Som Piseth reported on the substantial advancements in the project, highl...

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Cambodia’s Construction Material Imports Surpass US$1.3bn in 2023

Cambodia's construction sector continues its upward trajectory as the nation imported construction materials worth a notable US$1.33 billion in 2023, marking a modest increase from the previous year. The report released by the General Department of Customs and Excise reveals a 0.33% uptick in the import value of construction materials compared to the 2022 figure of US$1.325 billion, signalling ...

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Thailand to Forge Alliance with Cambodia to Confront Transboundary Haze Menace

In a groundbreaking move, Thailand Prime Minister Srettha Thavisin announced an unprecedented collaboration with Cambodia to combat the persistent issue of transboundary haze pollution. The joint initiative revealed ahead of a pivotal meeting with Cambodian Prime Minister Hun Manet on 7 February, signals a united front against the detrimental impacts of cross-border haze pollution, according to Th...

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EU To Grant €86m Boost for Cambodia’s Transformative Programs

The European Union (EU), under the Global Gateway framework, is set to inject approximately US$94 million (€86 million) in grant funding to Cambodia. The Ministry of Economy and Finance, in its press release dated 15 January 2024, revealed the EU's commitment to support Cambodia's progress through four pivotal programs. During a meeting with HE Dr. Aun Porn Moniroth, Deputy Prime Minister and M...

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Phnom Penh Autonomous Port Unveils Three Cutting-Edge Satellite Terminals in Three Major Strategic Locations

The Phnom Penh Autonomous Port (PPAP) has proudly unveiled three state-of-the-art multi-purpose satellite terminals. The strategic locations of these terminals include TS11 in Phnom Penh, UM2 in Tbong Khmum province, and LM26 in Prey Veng province. The inauguration ceremony was presided over by HE Peng Po, Minister of Public Works and Transport, on 12 January 2023. The TS11 Multi-Purpose Satell...

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New Siem Reap Airport Investment Company Announces Two-Year Access Fee Reduction

The New Siem Reap-Angkor International Airport Investment Company has unveiled a significant initiative aimed at facilitating smoother travel experiences for various vehicles accessing the airport. In a recent meeting chaired by Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia, the Commission for Urgent Affairs discussed and approved a two-yea...

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